FE Today Logo

Search results for:


Politics continue to spill over cricket pitch

2025-09-30 00:00:00

DUBAI, Sept 29 (Reuters): The closing ceremony of the men's Asia Cup descended into farce on Sunday as the Indian cricket team refused to collect the winners' trophy from Asian Cricket Council (ACC) chief Mohsin Naqvi, as politics continued to...

Pakistan buys 80,000 tons sugar

2025-09-30 00:00:00

HAMBURG, Sept 29 (Arab News): Pakistan's state agency the Trading Corporation of Pakistan (TCP) issued a tender to purchase 100,000 metric tons of white refined sugar and is believed to have bought 80,000 tons in a tender that closed last...

US to open millions of acres of federal land to coal leasing

2025-09-30 00:00:00

WASHINGTON, Sept 29 (Reuters): The US Department of the Interior on Monday said it would open 13.1 million acres (53,013.8 square kilometers) of federal land for coal leasing, as the Trump administration seeks to reverse the decline of the fuel's...

Malaysian steel industry roadmap aims for "fully green" sector by 2050

2025-09-30 00:00:00

KUALA LUMPUR, Sept 29 (Reuters): Malaysia is planning a revamp of its steel industry that aims to manage overcapacity, restructure licensing and prepare for decarbonisation with a goal of achieving a "fully green" sector by 2050, trade minister Tengku Zafrul...

Uttara Bank holds Business Development Conference

2025-09-30 00:00:00

Uttara Bank PLC held the 'Business Development Conference-2025' at a city hotel on Saturday. Azharul Islam, Chairman of the Board of Directors of the bank, was present as the chief guest. The conference was presided over by Md. Abul Hashem,...

United Finance signs deal with Bangladesh Bank's Credit Guarantee Dept

2025-09-30 00:00:00

An agreement was signed between Bangladesh Bank's Credit Guarantee Department (CGD) and United Finance PLC under the Credit Guarantee Scheme (CGS) Facility for Term Loans amounting to Tk 250 billion, marking a significant step toward expanding access to finance for...

Gold hits record high ---

2025-09-30 00:00:00

Gold prices surged past $3,800 an ounce for the first time on Monday, setting a new record as investors flocked to the safe-haven asset on US rate cut expectations, fears of a potential government shutdown and escalating geopolitical tensions, reports...

Meena Bazar leads way in sustainable aquaculture supply chain

2025-09-30 00:00:00

Meena Bazar has signed a landmark MoU with the FoodTechBangladesh (FTB) project to revolutionise Bangladesh's aquaculture supply chain, becoming the first forward-linkage partner to source fish produced through safe, sustainable, and environmentally responsible farming. Supported by the Government of the...

Oil prices drop 2pc on global supply growth potential

2025-09-30 00:00:00

LONDON, Sept 29 (Reuters): Oil prices fell by nearly 2 per cent on Monday as OPEC+ plans for another increase to oil output in November and the resumption of oil exports by Iraq's Kurdistan region via Turkey raised the global...

Sonali Bank signs MoU with Law and Justice Division and Supreme Court

2025-09-30 00:00:00

Sonali Bank PLC signed a tri-party Memorandum of Understanding (MoU) with Law and Justice Division and Bangladesh Supreme Court to collect all types of fees and charges, through the Sonali Payment Gateway. Secretary of Law and Justice Division Md. Liakat...

RUPALI BANK LAUNCHES NEW REMITTANCE SERVICE

2025-09-30 00:00:00

Bangladeshi expatriates living abroad can now send remittances to the bKash accounts of the family members through money exchange houses partnered with Rupali Bank PLC. Managing Director of Rupali Bank Kazi Md. Wahidul Islam inaugurated this service at the bank's...

Trust Bank opens Gulshan North Branch

2025-09-30 00:00:00

Trust Bank PLC has opened its new Gulshan North Branch at Doreen Tower, Gulshan-2, Dhaka, further expanding its network to provide modern and technology-driven banking solutions. The branch was inaugurated by Major General Md. Hakimuzzaman, Vice Chairman of the bank...

H&M targets Brazil, India as US, European spending slows

2025-09-30 00:00:00

STOCKHOLM, Sept 29 (Reuters): Fashion retailer H&M is seeking to expand in emerging markets such as Brazil and India, its CEO said, as consumer spending weakens in Europe, its core region, and US tariffs weigh on demand in its second-largest...

Steelmakers reel from setbacks yet foresee rebound

SAIF UDDIN | 2025-09-30 00:00:00

Bangladesh's steelmakers face a short-term setback as a domino effect of a sluggish growth in the national economy and a draught in investment. The steel industry is passing through a gamut of adversities like higher operational costs, weak demand and...

Saudi-Bangladesh trade body gets licence

FE REPORT | 2025-09-30 00:00:00

The government has approved a licence for a new trade body named "Saudi Arabia-Bangladesh Chamber of Commerce & Industry" which is expected to further strengthen the bilateral ties between the two nations.The commerce ministry recently issued a notification in this...

CMSMEs struggle to realise full potential

FE REPORT | 2025-09-30 00:00:00

Limited access to finance, inadequate infrastructure, shortage of skilled manpower, insufficient policy support coupled with stringent conditions are the main bottlenecks to utilise the full potential of Bangladesh's Cottage, Micro, Small and Medium Enterprises (CMSME), said speakers at a programme...

Brazil bank lending slows further in August as tight monetary policy bites

2025-09-30 00:00:00

BRASILIA, Sept 29 (Reuters): Outstanding bank lending in Brazil continued to lose momentum in August, central bank data showed on Monday, as high interest rates helped cool activity in Latin America's largest economy.Credit growth over the past 12 months slowed...

Germany assumes 15pc US tariff rate to apply to pharma, heavy trucks

2025-09-30 00:00:00

BERLIN, Sept 29 (Reuters): Germany expects the United States to apply a 15 per cent tariff rate to pharmaceuticals and heavy trucks, a government spokesperson said during a regular press conference on Monday.US President Donald Trump unveiled sweeping new import...

AstraZeneca plans full US listing, but defuses fears of UK exit

2025-09-30 00:00:00

AstraZeneca laid out plans on Monday to directly list its shares in the United States, as the drugmaker seeks to maximise gains from its biggest market and investor pool, even as it said that it was not exiting London, reports...

Italy reaps tax windfall thanks to inflation, job growth

2025-09-30 00:00:00

ROME, Sept 29 (Reuters): Italy's tax take is rising faster than expected thanks to job growth and inflation, putting the budget deficit on track to dip below the European Union ceiling of 3 per cent of gross domestic product in...

Shahjalal Islami Bank HOLDS 89th meeting of Shari'ah Supervisory BOARD

2025-09-30 00:00:00

The 89th meeting of Shari'ah Supervisory Committee of Shahjalal Islami Bank PLC (SJIBPLC) was held at the Corporate Head Office of the bank recently. The Chairman of the committee Hazrat Maulana Mufti Shahed Rahmani presided over the meeting. The meeting...

New BLFCA Committee meets with Bangladesh Bank Governor

2025-09-30 00:00:00

The newly elected Executive Committee members of Bangladesh Leasing and Finance Companies Association (BLFCA) led by its Chairman M Jamal Uddin, Vice Chairman Kanti Kumar Saha and Vice Chairman Kyser Hamid met with Bangladesh Bank Governor Dr. Ahsan H. Mansur...

BRAC BANK HOSTS AGENT MEET FOR NILPHAMARI REGION

2025-09-30 00:00:00

BRAC Bank held Agent Meet 2025 for the Nilphamari Region in Thakurgaon recently, aimed at strengthening field-level engagement and accelerating financial inclusion. Md Iqbal Mohasin, Director of the Financial Inclusion Department (FID), Bangladesh Bank; Pinaki Ranjan Sarker, Joint Director, FID,...

MODHUMOTI BANK ORGANISES MONEY LAUNDERING PREVENTION WORKSHOP

2025-09-30 00:00:00

Modhumoti Bank successfully organised a workshop on "Prevention of Trade-Based Money Laundering (TBML) & Credit-Backed Money Laundering (CBML)" on Saturday at the bank's Learning & Development Center (Explore) in PragatiSarani. Md. Shafiul Azam, managing director & CEO of Modhumoti Bank,...

PRIME BANK HOLDS TRAINING ON prevention of laundering, terrorism financing

2025-09-30 00:00:00

Prime Bank recently organised a day-long training programme on how to prevent money laundering and combat the financing of terrorism (CFT), in collaboration with the South Regional Office and Jashore branch. The programme was presided over by Md. Ziaur Rahman,...

ICB ASSET MANAGEMENT, IBN-SINA TRUST SIGN CORPORATE HEALTH AGREEMENT

2025-09-30 00:00:00

ICB Asset Management and Ibn-Sina Trust recently signed a corporate health agreement. Under this agreement, officers and employees of ICB Asset Management and their family members will receive special healthcare facilities from The Ibn-Sina Trust. The signing ceremony was attended...

BB, MERCANTILE BANK ORGANISE ENTREPRENEURSHIP DEVELOPMENT TRAINING

2025-09-30 00:00:00

Bangladesh Bank (BB) and Mercantile Bank kicked off a month-long entrepreneur development training programme in Narayanganj on Monday. The initiative is financed by the Asian Development Bank (ADB) and implemented by the Finance Division of Ministry of Finance under the...

SWIFT working on blockchain-based overhaul

2025-09-30 00:00:00

LONDON, Sept 29 (Reuters): Global financial messaging network SWIFT and more than 30 global banks announced on Monday they were now working "at pace" on making cross-border payments instantaneous and on a system capable of handling the various new forms...

Dulamia Cotton Spinning Mills to pay 3pc dividend despite suspended operations

FE REPORT | 2025-09-30 00:00:00

Dulamia Cotton Spinning Mills has declared a 3 per cent cash dividend for general shareholders for FY25, its first payout in 16 years, despite the company remaining out of operation since 2018.It managed to declare profits after many years due...

Six-month wait and no payout yet for unitholders

MOHAMMAD MUFAZZAL | 2025-09-30 00:00:00

Unitholders of Asian Tiger Sandhani Life Growth Fund have yet to receive their dues, even six months after the fund's closure, with uncertainty deepening as the delay drags on.The trustee of the mutual fund said the payment could not be...